Articles
Insurance
US insurtech start-up Pie Insurance has secured $45 million in Series B funding round led by SVB Capital, Sirius Group, Greycroft, Moxley Holdings, Aspect Ventures, and Elefund. 6 March 2019
Insurance
Orchid Insurance has hired Joe Zuk as managing director of it Corporate Development and Strategy team, a new role in the company. 5 March 2019
Insurance
Aon has partnered with insurtech firm Skytek to monitor insurers’ marine risks and identify areas that require enhanced underwriting and reinsurance in real time.The development was driven by the rise of major container ports and mega ships, which expose re/insurers to risk accumulation during a catastrophe. To manage this risk monitoring vessel movements and estimating cargo accumulation has become critical for insurers. 5 March 2019
Insurance
Amynta Group, a group of warranty, managing general agent (MGA) and specialty risk companies, has appointed Bob James executive vice-president, Managing General Agencies. 5 March 2019
Insurance
AXA has revealed its plan to expand into a new market through a partnership with mobile phone insurance provider Pier Insurance. 4 March 2019
Insurance
Insurance firms in the Americas region will continue to “dominate” global M&A activity despite a predicted drop in deal-making for the first half of 2019, a report from law firm Clyde & Co has said. 4 March 2019
Insurance
Chubb has partnered with Aon's catastrophe model development center Impact Forecasting to develop a terrorism risk model for Manhattan in New York City and other densely populated areas. 4 March 2019
Alternative Risk Transfer
UnipolSai Assicurazioni, one of the biggest insurers in Italy, has placed a €45 million catastrophe bond providing it with protection against perils in Italy including atmospheric phenomena, snow pressure and flood risks (including Vatican City and San Marino Republic). 1 March 2019
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has hired a Florida market reinsurance veteran from Jardine Lloyd Thompson Group (JLT). 1 March 2019
Alternative Risk Transfer
Despite a multitude of other catastrophes in 2018, the single biggest loss event for reinsurers was so-called loss creep from 2017’s Hurricane Irma. Dirk Lohmann of Schroders examines what went wrong and what the industry must learn. 28 February 2019
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